The Kroger Co. (NYSE:KR) Receives Average Rating of "Moderate Buy" from Brokerages

The Kroger Co. (NYSE:KR) has received a consensus “Moderate Buy” rating from 17 analysts, with an average 1-year price target of $74.56. While the company beat EPS expectations, it missed revenue estimates and faces concerns regarding thin net margins and an elevated debt-to-equity ratio. Kroger is implementing strategies like promotions, store remodels, and gas pricing advantages to drive traffic and maintain market share, alongside declaring a quarterly dividend of $0.35 per share.

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